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Re: Why does the bank feed keep missing transaction lines

Hey Ash...

 

One thing that  I have seen work well is using third party services that can OCR bank statements. They tend to have a 98% accuracy rate and serve as a backup in events like the one you described. 

 

I know because I have the luxury at Ledgersync to speak with dozens of firms a day and from our conversations I can see what works and what doesn't.  Many folks seem to be happy with using third party services to fetch the statements and then sending them off to an OCR company that will break down the transactions from the bank statements and convert them a CSV or QBO file.